Monthly Archives: May 2015

Stockman on the banker coup d’etat

Trillions in central bank-driven leverage into financial markets has driven up asset values to unsustainable levels which are totally unsupported by wage growth and savings while undermining productivity in the real economy. This has facilitated criminal extraction of capital by … Continue reading

Posted in Main Page | Comments Off on Stockman on the banker coup d’etat

Senator Warren: Trade deal needs to be revealed before voted into law

This is absolutely outrageous. What kind of democracy and due process is this? Senator Elizabeth Warren spoke on the Senate floor on May 21, 2015 about the bill she introduced with Senator Joe Manchin (D-W.V.) that would require the text … Continue reading

Posted in Main Page | Comments Off on Senator Warren: Trade deal needs to be revealed before voted into law

Central banks have reflated asset bubbles–now what?

David Stockman offers a good risk overview and summary in this clip. When will reality reprice financial markets? That is the multi-trillion dollar question.  All policy efforts have been focused to date on temporary extend and pretend ideas, none so … Continue reading

Posted in Main Page | Comments Off on Central banks have reflated asset bubbles–now what?